In just over three weeks wheat futures have moved from oversold to overbought advancing 8% in the futures market. We have closed lower the last three consecutive sessions closing below the 9 day MA (green line) today. This was the confirmation I was looking for and have spoke to in the last few days. Use […]
Recent bull/bear debates following the 50 basis point cut in rates have stirred even further debates on inflation readings and the chances of a recession. Although the dialogue has been split between those who believe the cut will fend off a recession and those that believe inflation will spike as a result, we would like […]
